U.S. Steel Rejects $7.25 Billion Bid, Explores Alternatives
TL;DR Summary
U.S. Steel has rejected an offer from Cleveland-Cliffs, a major steel producer, in a potential acquisition deal. The rejection comes as U.S. Steel evaluates its strategic options and seeks to maximize shareholder value.
- U.S. Steel Rejects Offer From Cleveland-Cliffs The Wall Street Journal
- US Steel Starts Review as It Spurns $7.25 Billion Cliffs Bid Bloomberg
- Proposal made to purchase U.S. Steel rejected WTAE Pittsburgh
- US Steel rejects offer from Cleveland-Cliffs WKYC.com
- U.S. Steel to explore strategic alternatives after receiving unsolicited bids CNBC
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